Product Reports Resources Pricing Login Book a demo
COMPANY PROFILE

Field Medical

Explore full profile

Pioneering pulses electric field ablation technology for cardiac treatments, improving efficacy and reducing unintended consequences

Carlsbad, United StatesFounded 2022Health Tech & Medtech
Valuation $100–250M Last recorded · 2025
Headcount 500–1k Current team size
Total funding $50–100M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Field Medical and the history behind them.

About Field Medical

Founded in 2022 by Dr. Steven Mickelsen, a practicing electrophysiologist and a key figure in pulsed field ablation (PFA), Field Medical, Inc. is a clinical-stage medical device company targeting the unmet needs in cardiac arrhythmia treatment. Dr. Mickelsen, who previously founded Farapulse (acquired by Boston Scientific), brings deep domain expertise to this venture, having pioneered advancements in PFA technology. His journey from a professional musician to a leading medical device inventor underscores a career dedicated to enhancing patient care through tangible innovation.

Field Medical is focused on developing the next generation of PFA technology to treat a wide spectrum of cardiac arrhythmias, with an initial focus on ventricular tachycardia (VT), a significantly underserved segment in electrophysiology. The company's business model centers on the development and future commercialization of its core product, the FieldForce™ Ablation System, to hospitals and cardiac care centers. This system utilizes a non-thermal energy source, delivering micro-bursts of energy via a catheter to disrupt problematic heart cells without the heat or cold signatures that are drawbacks of current ablation methods.

The FieldForce™ Ablation System is an investigational device featuring a purpose-built, contact-force focal PFA catheter. Its proprietary FieldBending™ technology is designed to concentrate the therapeutic electrical field, enabling rapid, precise, and transmural lesion creation while minimizing impact on surrounding tissues. This approach aims to provide a safer and more effective treatment for complex arrhythmias like VT. The company has received significant validation, including an FDA Breakthrough Device Designation and inclusion in the FDA's TAP Pilot Program in 2024. The company has successfully raised $75 million in funding through Series A and B rounds to support pivotal trials, such as the VERITAS trial for VT, and to scale up for commercial readiness.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2022
Headquarters
Carlsbad, United States
Employees
521
Open positions
7
Dealroom signal
90.5/100
Industry
Health
Sub-industry
Medical Devices
Sector
Health Tech & Medtech, medical implants, Surgery, Cardiology and cardiovascular, Surgical Equipment, DT and LS, science-based
Technology
Deep Tech
Business model
Manufacturing
Client focus
b2b

Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES BOther financing Jul 2025 $35M $140M BioStar Capital · CUE Growth Partners ↗
SERIES AOther financing Apr 2025 $26M $104M Undisclosed ↗
Showing the latest 2 of 3 recorded eventsBook a demo for the full funding history →

Growth signals

Field Medical website traffic

Latest recorded traffic for Field Medical is 3.4K monthly website visits, up 6.3% over the last three months. Field Medical's team grew 28.3% over the past year.

Latest monthly visits3.4K 3-month web change+6.3% 1-year team growth+28.3%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

2 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A2 investors entered at this stage

  • BioStar Capital
  • CUE Growth Partners
Team profiled 3 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
6 countries with
team presence
🇺🇸 United States84.6%
🇮🇳 India5.1%
🇧🇪 Belgium2.6%
🇳🇵 Nepal2.6%
🇰🇼 Kuwait2.6%
Top 5 of 6 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Field Medical on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

See Field Medical’s full profile on Dealroom

Request a free trial to see the complete deal history, financials, people graph and growth signals.

Takes under a minute. Already use Dealroom? Log in.